Canada Stocks to Watch: Osisko, Yamana, Agnico Eagle, Goldcorp, Metro

Osisko Mining Corp. said it has reached a friendly deal to be acquired by Yamana Gold Inc. and Agnico Eagle Mines Ltd. in a deal worth about C$8.15 an Osisko share, or about C$3.9 billion. Osisko said the deal represents a premium of 11% to the current hostile bid from Goldcorp Inc.

Metro Inc. said second-quarter earnings fell to C$1.07 a share from C$3.73 a year earlier, which included a large gain. Analysts were expecting a profit of C$1.02 a share, according to Thomson Reuters. Overall sales were up 1.7%, while same-store sales climbed 1%.